NortonLifeLock Inc. (NLOK) Income Statement Analysis

See more : Piper Sandler Companies (PIPR) Income Statement Analysis – Financial Results

Complete financial analysis of NortonLifeLock Inc. (NLOK) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of NortonLifeLock Inc., a leading company in the Software – Infrastructure industry within the Technology sector.

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NortonLifeLock Inc. (NLOK)

Industry: Software - Infrastructure

Sector: Technology

Website: https://www.nortonlifelock.com

About NortonLifeLock Inc.

NortonLifeLock Inc. provides cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. It offers Norton 360, an integrated platform provides extensive cyber safety coverage and a subscription service providing protection for PCs, Macs, and mobile devices against malware, viruses, adware, ransomware, and other online threats on various platforms; and Norton and LifeLock identity theft protection solution that offers monitoring, alerts, and restoration services to its customers. The company also provides Norton Secure VPN solution, which enhances security and online privacy by providing an encrypted data tunnel; Privacy Monitor Assistant, an on-demand, white glove service where agents help members delete personal information from data brokers online; Home Title Protect product that detects fraud and notifies members; and Avira Security, a consumer-focused portfolio of cybersecurity and privacy solutions. It offers Dark Web Monitoring product, which looks for personal information of its Norton 360 members on the Dark Web; and Social Media Monitoring solution that helps to keep customers' social media accounts safer by monitoring them for account takeovers, risky activity, and inappropriate content. The company also provides AntiTrack product, which helps to keep personal information and browsing activity private by blocking trackers and disguising digital fingerprints online; and Online Reputation Management solution that manages online search results, personal branding, and digital privacy. It markets and sells its products and related services through retailers, telecom service providers, hardware original equipment manufacturers, and employee benefit providers, as well as e-commerce platform. The company was formerly known as Symantec Corporation and changed its name to NortonLifeLock Inc. in November 2019. NortonLifeLock Inc. was founded in 1982 and is based in Tempe, Arizona.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989
Revenue	3.34B	2.80B	2.55B	2.49B	2.46B	2.56B	4.02B	3.60B	6.51B	6.68B	6.91B	6.73B	6.19B	5.99B	6.15B	5.87B	5.20B	4.14B	2.58B	1.87B	1.41B	1.07B	853.55M	745.73M	633.90M	578.40M	472.20M	445.40M	334.90M	267.70M	206.00M	216.60M	116.30M	50.00M	39.90M
Cost of Revenue	589.00M	408.00M	362.00M	393.00M	455.00M	463.00M	853.00M	615.00M	1.15B	1.15B	1.18B	1.08B	1.05B	1.11B	1.23B	1.22B	1.22B	981.87M	403.22M	327.55M	250.12M	194.61M	91.88M	89.26M	66.80M	60.70M	60.30M	70.10M	41.00M	34.60M	37.80M	48.90M	20.10M	7.20M	7.40M
Gross Profit	2.75B	2.39B	2.19B	2.10B	2.00B	2.10B	3.17B	2.99B	5.36B	5.53B	5.73B	5.65B	5.15B	4.88B	4.92B	4.65B	3.98B	3.16B	2.18B	1.54B	1.16B	876.83M	761.67M	656.47M	567.10M	517.70M	411.90M	375.30M	293.90M	233.10M	168.20M	167.70M	96.20M	42.80M	32.50M
Gross Profit Ratio	82.35%	85.41%	85.81%	84.22%	81.47%	81.91%	78.78%	82.92%	82.28%	82.79%	82.99%	83.92%	83.12%	81.54%	80.05%	79.23%	76.62%	76.30%	84.39%	82.48%	82.22%	81.84%	89.24%	88.03%	89.46%	89.51%	87.23%	84.26%	87.76%	87.08%	81.65%	77.42%	82.72%	85.60%	81.45%
Research & Development	313.00M	253.00M	267.00M	328.00M	420.00M	455.00M	823.00M	748.00M	1.14B	1.04B	1.03B	969.00M	862.00M	857.00M	870.00M	895.24M	866.88M	664.63M	332.27M	252.28M	197.27M	163.98M	126.67M	108.43M	101.60M	91.30M	88.90M	94.70M	62.80M	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	286.00M	392.00M	215.00M	368.00M	-371.00M	-265.00M	564.00M	295.00M	379.00M	450.00M	501.00M	412.00M	390.00M	352.00M	343.01M	347.64M	316.78M	221.41M	115.42M	94.65M	74.44M	53.88M	44.78M	348.91M	321.80M	299.30M	254.80M	262.40M	174.20M	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	682.00M	622.00M	576.00M	701.00M	1.49B	1.59B	1.46B	1.29B	2.32B	2.44B	2.74B	2.81B	2.62B	2.37B	2.39B	2.42B	2.01B	1.49B	843.72M	660.57M	525.03M	428.50M	349.92M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	968.00M	1.01B	791.00M	1.07B	1.12B	1.33B	2.02B	1.59B	2.70B	2.89B	3.24B	3.23B	3.01B	2.72B	2.73B	2.76B	2.32B	1.75B	959.14M	755.22M	599.47M	482.38M	394.71M	348.91M	321.80M	299.30M	254.80M	262.40M	174.20M	222.30M	159.00M	134.40M	79.10M	32.20M	26.50M
Other Expenses	0.00	85.00M	74.00M	114.00M	301.00M	-186.00M	147.00M	193.00M	108.00M	420.00M	363.00M	-177.00M	407.00M	371.00M	7.79B	225.13M	201.50M	151.02M	13.81M	16.87M	2.79M	202.01M	72.75M	50.61M	36.20M	26.70M	33.20M	38.90M	19.80M	25.30M	14.90M	5.20M	4.20M	2.50M	2.00M
Operating Expenses	1.28B	1.35B	1.13B	1.51B	1.84B	1.60B	2.99B	2.53B	3.95B	4.34B	4.63B	4.02B	4.28B	3.95B	11.39B	3.88B	3.39B	2.56B	1.31B	1.02B	799.53M	848.36M	594.13M	507.94M	459.60M	417.30M	376.90M	396.00M	256.80M	247.60M	173.90M	139.60M	83.30M	34.70M	28.50M
Cost & Expenses	1.87B	1.76B	1.49B	1.90B	2.30B	2.06B	3.85B	3.14B	5.11B	5.49B	5.80B	5.10B	5.33B	5.05B	12.62B	5.10B	4.61B	3.54B	1.71B	1.35B	1.05B	1.04B	686.01M	597.20M	526.40M	478.00M	437.20M	466.10M	297.80M	282.20M	211.70M	188.50M	103.40M	41.90M	35.90M
Interest Income	0.00	0.00	4.00M	80.00M	42.00M	24.00M	21.00M	10.00M	12.00M	12.00M	12.00M	13.00M	10.00M	6.00M	37.05M	76.90M	122.04M	0.00	0.00	38.26M	37.70M	31.72M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	-401.00M	126.00M	144.00M	196.00M	208.00M	256.00M	208.00M	75.00M	79.00M	84.00M	139.00M	115.00M	143.00M	129.00M	29.71M	-29.48M	-27.23M	-18.00M	-12.32M	-21.16M	-21.17M	-9.17M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	824.00M	140.00M	150.00M	361.00M	615.00M	640.00M	530.00M	299.00M	439.00M	491.00M	638.00M	656.00M	647.00M	837.00M	837.36M	824.11M	811.44M	623.62M	131.96M	117.23M	95.73M	272.87M	120.84M	50.61M	36.20M	26.70M	33.20M	38.90M	19.80M	25.30M	14.90M	5.20M	4.20M	2.50M	2.00M
EBITDA	1.23B	1.31B	1.02B	355.00M	380.00M	49.00M	606.00M	457.00M	1.61B	1.73B	1.75B	1.08B	1.49B	1.79B	-5.70B	1.54B	1.44B	986.34M	990.09M	659.45M	459.36M	318.37M	261.62M	307.91M	119.40M	138.80M	63.50M	-5.50M	58.20M	9.30M	-2.30M	34.00M	18.50M	11.20M	6.20M
EBITDA Ratio	36.76%	46.78%	40.14%	188.15%	38.52%	52.52%	15.08%	113.19%	24.75%	25.93%	25.28%	33.16%	24.10%	29.94%	-92.64%	26.16%	27.75%	23.81%	38.33%	35.26%	32.65%	29.71%	30.65%	41.29%	18.84%	24.00%	13.45%	-1.23%	17.38%	3.47%	-1.12%	15.70%	15.91%	22.40%	15.54%
Operating Income	403.00M	1.17B	896.00M	355.00M	380.00M	49.00M	-100.00M	457.00M	1.15B	1.18B	1.12B	1.08B	880.00M	933.00M	-6.47B	602.28M	519.74M	273.97M	819.27M	513.59M	341.51M	8.04M	109.60M	148.52M	107.50M	100.40M	35.00M	-20.70M	37.10M	-14.50M	-5.70M	28.10M	12.90M	8.10M	4.00M
Operating Income Ratio	12.07%	41.77%	35.12%	14.26%	15.47%	1.91%	-2.49%	12.69%	17.66%	17.72%	16.26%	16.03%	14.22%	15.59%	-105.20%	10.25%	10.00%	6.61%	31.72%	27.46%	24.27%	0.75%	12.84%	19.92%	16.96%	17.36%	7.41%	-4.65%	11.08%	-5.42%	-2.77%	12.97%	11.09%	16.20%	10.03%
Total Other Income/Expenses	-423.00M	37.00M	-24.00M	464.00M	-272.00M	388.00M	-162.00M	-65.00M	-56.00M	-27.00M	-117.00M	391.00M	-182.00M	-107.00M	-80.09M	110.24M	111.88M	88.76M	38.86M	28.64M	22.12M	37.46M	31.18M	108.77M	-24.30M	11.70M	-4.70M	-23.70M	1.30M	-1.50M	-11.50M	700.00K	1.40M	600.00K	200.00K
Income Before Tax	804.00M	1.04B	872.00M	819.00M	-107.00M	244.00M	-262.00M	392.00M	1.09B	1.16B	1.01B	1.50B	698.00M	826.00M	-6.55B	712.52M	631.62M	362.72M	858.13M	542.22M	363.63M	45.50M	140.78M	257.29M	83.20M	112.10M	30.30M	-44.40M	38.40M	-16.00M	-17.20M	28.80M	14.30M	8.70M	4.20M
Income Before Tax Ratio	24.09%	37.27%	34.18%	32.89%	-4.36%	9.53%	-6.52%	10.89%	16.79%	17.32%	14.57%	22.21%	11.28%	13.80%	-106.50%	12.13%	12.15%	8.75%	33.22%	28.99%	25.85%	4.25%	16.49%	34.50%	13.13%	19.38%	6.42%	-9.97%	11.47%	-5.98%	-8.35%	13.30%	12.30%	17.40%	10.53%
Income Tax Expense	-545.00M	206.00M	176.00M	241.00M	92.00M	-690.00M	-26.00M	1.21B	215.00M	258.00M	214.00M	274.00M	105.00M	112.00M	221.63M	248.67M	227.24M	205.87M	321.97M	171.60M	115.19M	73.65M	76.84M	87.14M	33.00M	27.00M	4.30M	-4.60M	9.90M	-4.90M	-5.70M	10.10M	4.90M	2.00M	1.00M
Net Income	1.35B	836.00M	554.00M	3.89B	31.00M	1.14B	-106.00M	2.49B	878.00M	898.00M	755.00M	1.19B	597.00M	714.00M	-6.79B	463.85M	404.38M	156.85M	536.16M	370.62M	248.44M	-28.15M	63.94M	170.15M	50.20M	85.10M	26.00M	-39.80M	28.50M	-11.10M	-11.50M	18.70M	9.40M	6.70M	3.20M
Net Income Ratio	40.41%	29.90%	21.72%	156.10%	1.26%	44.47%	-2.64%	69.11%	13.49%	13.45%	10.93%	17.64%	9.64%	11.93%	-110.34%	7.90%	7.78%	3.79%	20.76%	19.82%	17.66%	-2.63%	7.49%	22.82%	7.92%	14.71%	5.51%	-8.94%	8.51%	-4.15%	-5.58%	8.63%	8.08%	13.40%	8.02%
EPS	2.16	1.41	0.92	6.05	0.05	1.70	-0.17	3.71	1.27	1.29	1.08	1.60	0.77	0.88	-8.17	0.53	0.42	0.16	0.81	0.61	0.43	-0.05	0.12	0.37	0.11	0.19	0.06	-0.09	0.10	-0.05	-0.06	0.10	0.06	0.06	0.04
EPS Diluted	2.16	1.41	0.92	6.05	0.05	1.70	-0.17	3.71	1.26	1.28	1.06	1.59	0.76	0.87	-8.17	0.52	0.41	0.15	0.73	0.52	0.36	-0.05	0.12	0.34	0.11	0.18	0.06	-0.09	0.09	-0.05	-0.06	0.10	0.06	0.06	0.04
Weighted Avg Shares Out	624.00M	591.00M	600.00M	643.00M	661.00M	668.00M	618.00M	670.00M	689.00M	696.00M	701.00M	741.00M	778.00M	810.00M	830.98M	867.56M	960.58M	998.73M	660.63M	611.97M	581.58M	574.42M	517.90M	462.96M	452.81M	448.78M	443.26M	421.31M	299.06M	236.13M	187.76M	194.29M	160.00M	107.20M	80.00M
Weighted Avg Shares Out (Dil)	624.00M	591.00M	600.00M	643.00M	661.00M	668.00M	618.00M	670.00M	696.00M	704.00M	711.00M	748.00M	786.00M	819.00M	830.98M	884.14M	983.26M	1.03B	738.25M	719.11M	682.87M	574.42M	545.90M	497.71M	474.31M	482.25M	446.73M	421.31M	333.54M	236.13M	187.76M	194.29M	160.00M	107.20M	80.00M

NortonLifeLock (NLOK) Tops Q4 Earnings and Revenue Estimates

May 5, 2022zacks.com

NortonLifeLock (NLOK) delivered earnings and revenue surprises of 2.22% and 0.60%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

NortonLifeLock Reports Third Year of Growth with Record Revenue for Fiscal 2022

May 5, 2022prnewswire.com

Company delivers double-digit revenue growth and strong profitability for fiscal year 2022 TEMPE, Ariz. , May 5, 2022 /PRNewswire/ -- NortonLifeLock Inc. (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today released results for its fiscal year 2022 fourth quarter...

NortonLifeLock Announces Conclusion of SEC Investigation

April 29, 2022prnewswire.com

TEMPE, Ariz. , April 29, 2022 /PRNewswire/ -- NortonLifeLock Inc. (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today announced that it has received a letter from the Securities and Exchange Commission ("SEC") stating that its investigation of the...

NortonLifeLock Stock Has Returned Just 35% Since 2018: Here's Why

April 27, 2022forbes.com

NLOK's Total Revenue has grown 7.5% from $2.6 billion in 2018 to $2.8 billion on an LTM basis.

Norton Consumer Cyber Safety Pulse Report: Deception Scams On the Rise

April 26, 2022prnewswire.com

Cybercriminals are Capitalizing on Global Events with Deepfakes and Crypto Scams to Mislead Consumers TEMPE, Ariz. , April 26, 2022 /PRNewswire/ -- NortonLifeLock's global research team, Norton Labs, today published its quarterly Consumer Cyber Safety Pulse Report sharing the top consumer...

Top 3 Cybersecurity Stocks With Huge Potential

April 25, 2022gurufocus.com

Cybersecurity is a growing necessity in our modern digitally-connected world. Whether it's the need to secure devices working remotely or to protect pipelines from hackers, cybersecurity has been called the "fifth defensive strategy" alongside land, air, sea and space.

NortonLifeLock: Put This Cybersecurity Play On Your Radar

April 19, 2022seekingalpha.com

NortonLifeLock is seeing respectable top and bottom line growth, with strong new customer acquisition. The pending Avast acquisition could introduce NLOK's products to new international markets.

Norton: A Seth Klarman-Backed Cybersecurity Company

April 17, 2022gurufocus.com

NortonLifelock ( NLOK , Financial) is leader in consumer-focused cybersecurity in the U.S. It is most famous for its flagship antivirus products, but it is making strides to bring itself into the new era of cybersecurity.

NortonLifeLock to Announce Fiscal 2022 Fourth Quarter and Full-Year Results on May 5, 2022

April 12, 2022prnewswire.com

TEMPE, Ariz. , April 12, 2022 /PRNewswire/ -- NortonLifeLock Inc. (NASDAQ: NLOK), a global leader in consumer Cyber Safety, today announced that its fiscal 2022 fourth quarter and full year financial results will be released Thursday, May 5, 2022, after...